Paris, France -- Meta on Tuesday announced that it was extending its teen accounts to its social network Facebook, after...
- Abu Dhabi, UAE -- Abu Dhabi Customs reported a 9 percent increase in the emirate’s non-oil foreign trade in 2024,...
Full year earnings before EBITDA were $1.23 billion.ADNOC Drilling’s revenue for the year increased to US$2.67 billion, up 18 percent compared to 2021.
The company said it achieved record revenue ($733 million), EBITDA and net profit ($234 million) during the fourth quarter of 2022.
Dubai, UAE-- Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai...Dubai has offered promises to launch flying taxis in the city already home to the world's tallest building and other architectural wonders
The city plans four “vertiports” by Dubai International Airport, the world’s busiest for international travel, downtown Dubai, the Palm Jumeirah archipelago and Dubai Marina
The stock exchange's net profit jumped 13% to $59m in 2022.The company also recorded operating revenue of $115 million over the same period, an increase of 12.8%
Its earnings per share increased 13.3% from 79.15 fils in 2021 to 89.67 fils for the financial year ended December 31, 2022
Dubai, UAE---The Central Bank of UAE Sunday launched Financial Infrastructure Transformation Program (FIT program) to accelerate the digital transformation in...In a statement, the bank said the FIT is a step towards enabling the CBUAE to be among the top central banks globally.
As part of the FIT Program, the CBUAE will strengthen its digital leadership by adopting advanced supervisory technologies and data management solutions.
- Startups in the Middle East and North Africa raised $3.94 billion in 2022, a 24 percent increase in investment value...
In the first half of 2022, startups in the Middle East raised around $1.8 billion, according to a MAGNiTT report.
The fintech sector remained the most capital attracting sector last year, raising nearly $1.7 billion.
- Riyadh, Saudi Arabia--The Invest in Saudi Arabia forum, which will be held on Monday in Kuwait, will see the participation...
Saudi Arabia's Minister of Investment Khalid bin Abdulaziz Al-Falih will be visiting Kuwait to attend the forum.
The forum includes dialogue sessions on promising investment sectors between the two countries, review the most prominent developments in the business environment in the kingdom.
Given that these bots still make factual blunders, often show bias and could even spout libelous statements, some are clamoring...Regulators in Italy last week barred the firm from gathering data after finding breaches of Europe's massive data protection law, the GDPR.
OpenAI's latest model, GPT-4, is scheduled for release soon and is rumored to be so good that it will be impossible to distinguish from a human.
Dubai, UAE--Dubai Chamber of Digital Economy, one of the three chambers operating under Dubai Chambers, has organised a workshop designed...The workshop discussed four main topics – regulations, funding, talent and infrastructure – with a chance to discuss their ideas, challenges and opportunities
It is part of a series of similar workshop events Dubai Chamber of Digital Economy conducts on a regular basis.
DUBAI, UAE - Dubai Electricity and Water Authority (DEWA) has announced the registration of a new patent for an adhesive...The device distributes the adhesive material on the 3D printing plate, ensuring that the printed material sticks securely to the build plate.
DEWA's R&D Center is responsible for supporting innovation in all production and operational areas.
The capital will finance PIF's green investments.It was issued in 3 tranches, comprising: $1.75 billion 7 years, $2 billion 12 years, $1.75 billion 30 years
The bond was sold to a wide range of institutional investors globally, including Asia
